Grayscale amended its Hyperliquid ETF filing to replace Coinbase with Anchorage
According to the amended SEC filing, Grayscale changed the proposed GHYP ETF’s custodian to Anchorage Digital Bank while BNY Mellon remained transfer agent and Coinbase was removed from that role.
BTC
ETH
HYPE
Fact Check
The SEC source 'S-1/A' strongly supports that the amended Grayscale HYPE ETF filing names Anchorage Digital Bank N.A. as custodian and The Bank of New York Mellon as transfer agent/administrator. This directly matches the amended-filing portion of the claim. The more specific statement that Coinbase was replaced/removed is corroborated by the title of The Block article 'Grayscale’s amended Hyperliquid ETF filing drops Coinbase as custodian, names Anchorage', but the underlying article content was not fetchable in this run, and the prior SEC filing naming Coinbase was not directly retrieved. Because the amendment details are primary-sourced but the before/after comparison is only secondarily corroborated here, the overall claim is likely true with medium confidence.
- Reference: 1
Summary
Grayscale amended the S-1 filing for its proposed GHYP ETF with the U.S. Securities and Exchange Commission, replacing Coinbase with Anchorage Digital Bank as custodian while keeping BNY Mellon as transfer agent. The new content clarifies the operational update in the filing and adds background that Anchorage, founded in 2017, had previously been named as a secondary custodian for Grayscale’s Bitcoin and Ethereum trusts.
Terms & Concepts
- ETF: An exchange-traded fund is an investment vehicle that trades on public markets and is designed to track the value of underlying assets.
- custodian: A custodian is a firm that holds and safeguards assets on behalf of investors or financial products.
- S-1 filing: An S-1 filing is a registration statement submitted to the SEC for a proposed securities offering, including details about the product and service providers.